The announcement comes before the busiest travel weekend, Thanksgiving, but the airline assured its customers that the ...
The budget travel firm was hit hard by the pandemic and a failed merger, leading to mounting losses in recent years.
The company’s prepackaged Chapter 11 filing in New York contemplates much of its creditors’ debt being converted into new equity.
The airline has been in negotiations with its creditors since a federal judge blocked the $3.8 billion acquisition by JetBlue.
Spirit has been in negotiations with its creditors since a federal judge blocked a US$3.8 billion acquisition by JetBlue ...
Budget carrier Spirit Airlines has filed for bankruptcy protection after years of financial losses and failed merger attempts ...
Spirit Airlines files Chapter 11, securing funding to maintain operations amid financial and operational struggles ...
Shares of Miramar, Florida-based Spirit dropped 25% on Friday, after The Wall Street Journal reported that the airline was ...
JetBlue could certainly use the help. Outside of the big four airlines, other smaller players have struggled to remain ...
Spirit Airlines has filed for bankruptcy in the wake of greater competition from rival carriers and financial troubles ...